Impacts of CMN resolution 4,948 on the Derivatives Market
By: André Jerusalmy Derivatives can be used in a variety of ways and their use is widely known in the financial market. However, there are two most common forms of derivatives: protection (hedge) or leverage (speculation). While protection against market risk can reduce the effects resulting from fluctuations in asset prices […]
Legal Framework for Startups
By: André Jerusalmy On June 1, 2021, Complementary Law No. 182/21 was enacted, with the Legal Framework for Startups as its theme, which aims to establish specific regulations on the subject in the country, which as a consequence, would foster the business environment in Brazil and the hiring of startups by the Public Administration. With this […]
Are you a creditor in a Judicial Recovery? Find out what to do.
By: Vitor Ferrari and Ivan Kubala Judicial Recovery is a judicial procedure that has become increasingly common and helps companies overcome their economic crises, with an orderly renegotiation with creditors that is summarized in a Judicial Recovery Plan. However, what should be done when a […]
Provisional Compliance with the Judicial Reorganization Plan. Is it possible?
By: Vitor Antony Ferrari and Ivan Kubala Despite being an important tool to overcome a temporary economic-financial crisis, the judicial rehabilitation is only achieved with much effort and dedication by the companies that use this instrument, which go through a long path of negotiations, planning, projections, in short, full of obstacles to achieve the longed-for […]
Major retailer's system outage results in billion-dollar drop in market value
By: Leonardo Neri There was a drastic reduction in the value of the Americanas Group to R$27.9 billion last Monday, the 21st. This amount is R$2 billion less than that found in the last market analysis carried out on February 18, 2022. This drop was exclusively due to the unavailability of the online stores of […]
PROCON/MS fines large companies for non-compliance with LGPD
By: Leonardo Neri Recently, the Superintendence for Consumer Guidance and Defense of Mato Grosso do Sul (MS), fined large national companies for non-compliance with the legal requirements demanded by the LGPD, namely: Leroy Merlin; Privália; James and Centauro. In the monitoring carried out by the regulatory body, irregularities were found in the privacy policies of the Leroy website […]
Resolution published on how ANPD inspections will work starting in 2022
The approval of the regulation of the Inspection process and the Sanctioning Administration Process by the National Data Protection Authority (ANPD) was published on October 29, 2021 in the Official Gazette of the Union. Divided into four titles, the resolution addresses the General Provisions, broken down into 14 articles, which cover everything from […]
Personal data from PagSeguro in conjunction with WireCard were exposed on hacker forums and raises the issue of the legal limits of innovation
Electronic payment systems have been on the rise in recent years, pushing physical currencies into the background and, as a result, increasing the digital linkage of payments. As a result, the number of scams against banking companies has been increasing. On November 4th, it was PagSeguro’s turn to suffer the so-called registration hijackings, whose […]
In a new scam, fake deliveries require confirmation photos in which collected data is used for financing
With the increase in online sales, scammers convince victims with fake deliveries and demanding a photo confirmation. As a result, the leaked personal data is used to obtain financing worth thousands of reais. This is what happened to a consumer through a WhatsApp message from a pseudo-florist, informing her that she had received flowers in her name […]
Confidential data of Brazilians is allegedly commercialized by Facebook
On December 5th, new personal data thefts were discovered in the market. Data protection information was allegedly taken from government agency pages and traded to the Meta Group, which owns Facebook, for around R$1,400.00 for the personal data of millions of Brazilians. According to a report in Folha de […]